Leborne Development

Analysis

Leborne Development is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Leborne Development reported income of $52k and spending of $59k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $52k (-65%), an average of -65% a year. The sharpest change came in the year to December 2023, when income dropped by 65%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Leborne Development sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within AR. Charities of a similar size with the same main cause include Onbikes Pensacola Inc ($52k), Sahakyan Bagramyan Fund ($52k) and Alture Community Development Corporation ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $13k. At year end it held assets of $3,159 against liabilities of $0, net assets of $3,159. It reported 1 employees.